Councils using ‘Intelligence’ to track down low EPC properties and fine £5,00015:08 PM, 29th March 2021
About 2 weeks ago 36
My Interest only BTL mortgage is coming up for renewal and I’m looking at fixing in for between 5 and 10 years.
My question to you guys is more of a “What would you do?” no right or wrong answer I guess. 23 yr term, not planning on selling, use difference between mortgage payment and rent (roughly £250pm) to invest in S&S ISA, hoping it will pay off capital at the end.
5 Year @ 3.19% no fee’s £239.25pm month interest
10 Year @ 3.49% – £1950 fee’s £261.75 paying fee upfront or £267.42 adding fee to mortgage.
What would you pick?
Cheers in advance!
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